Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1887-05-06


WE'VE.
OFFICE OF THE GAzETrE,
FORT WORTH. TEX. May 4, 1857.
Trade was good to-day in all lines.
Several small lots of wool were re-
ceived to-day and brought Is cents, but
the market is generally quiet.
THE STATE OF TRADE.
Special kilograms to Brsdstreet's from
leading trade centers indicate 8 moderate
improvement in the movement of general
merchandise. At Philadelphia, Cincin-
natl, Louisville, Chicago. St. Louis,
New Orleans and San francisco
there have been gains over q
week ago. The interior demand and
the call for staple goods at New Orleans,
ST. Louis and Chicago is marked. At San
Francisco prices tend upward on liberal
transactions. Sugar has advanced 304c.
per pound since the relief experience by
transcOntinentaI lines from section 4 of
the Interstate law, and 1000 barrels have
been shipped to St. Paul via the Canadian
Pacific, with more to follow.
Other California overland shippers
have begun to send goods east
as well. Trade at Louisville is stimu-
lated by the active measures taken to in
crease that City's industrial and COM
mercial importance. The distribution of
merchandise from Boston has been dis
tprbed because of inability of railways TO
announce freight rates, sc that cost Of
delivery of goods may be determined.
Interviews with over $500 lead
ing shippers at thirty-iour cities, wired
to Brsdstreet's, indicate that ike delay
in framing as well as in making known
rates has had much to do with the late
disturbance to trade. It is also learned
that railways have been and are making
new, and, as stated, more equitable rates
than were first announced, which goes to
relieve the situation; and that there Is a
sentiment among q large number Of the
shippers in favor of the interstate law
being fully tested.
The industrial situation is no more
promising than last week. The great
Worcester county (Mass.) boot aud shoe
lockout is practically over, but stove
molGers, building trades aud other
strikers aggregate over $1,000 in April to
the 28th inst. Over 10000 coal miners
are to demand an advance, as will 10000
iron and steel workers, with strikes as
alternatives. The total bank clearings
at thirty-seven cities for six
days ended yesterday, as exclusively
wired TO Bradstreet's, amounted to
1895, 783, 863, against 81 058, 588, lis last
week, and as compared with 1871, 604, 965
in the fourth week in April, 1856. The
decline for the week is $62, 775, 900, or 6
per cent, but the weeks total is % per
cent. in excess of the record year ago.
The check to trade caused by the new
rail rates of late is now reflected in part
in the bank clearings. New YOrk's total
declined $25, 900, 900, Boston's $1,000, 600,
Pbiladelphis's S14,0C0,000, and Chicago's
S8,000,000, this week, which does not
result from current business alone.
Interior money markets are not, as rule,
as easy IS last week, owing to increased
local demands in many lines. The New
York stock market has been dull and
irregular with lower tendencies at times,
largely due TO the disturbed condition of
foreign markets and uncertainty regard
ing the effects of the new railway rates.
Money is easier and foreign. exchange
strong and rising.
It Is pointed out by BTadsTreet's that
wheat and -four exports, July last to
date, cover the eXpOrtsble surplus of last
crop, and that present rate of exports,
with home consumption, would, if con-
tinued to July l next, wipe out the re-
serves carried over last summer, if they
were correctly estimated. The "drop'
in wheat is due chiefly to the cGques SELL
ing May and buying. the deferred
deliveries. It is conceded that ar
fragments with the carriers have been
perfected to hold the cereal through May
and possibly June, so no sensational de-
vaIOnmentG ere looked for merit week
There IS little new in iron or steel.
Reported cut prices On bar and rails are
isolated cases and specially Influenced.
AS rule prices are very firm, with makers
busy. More iron is going forward at the
west. Copper has dropped &c. to l0c.
per pound on sales of about %, 900, 099
pounds abroad, several months supplies.
Calumet and Hecla dropped 5 points to
2l0. The outlook is for another strsg-
gle between the Lske and Montana
copper kings for supremacy. COT
fee has been feveTish, irregular
and lower on free realizing sales after
the heavy advance, but closing FOR spot
Rio &c. over last week. The advance in
petroleum certificates of about Sc. pei
barrel appeared as a result of the defeat
of an anti~Standard bill in the Pennsyl-
vsnia Legislature. The want of connec.
ton was so apparent that few IL any. wers
deceived, and the advance was only par
TALLY sustained.
Boots and shoes at Boston are unusually
active, but prices are no higher. Woo
continues very quiet. Holders are firm
| and look for good prices. Manufacturer!
| are buying sparingly. Some machinery /!
| idle, more promises to become so, an(